AUCTION. Summertime Bahamas Beachfront Home & Guest House on Treasure Cay Beach. 33 Ocean Blvd, Abaco, Bahamas. For More Info Please Contact:

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1 AUCTION Bahamas Beachfront Home & Guest House on Treasure Cay Beach Previously Valued to: $2,900,000 Suggested Opening Bid: $1,895,000 Property Highlights: Large guest house 5 Bedrooms total 4 Bathrooms total Breath-taking sea views 1.37 Acre lot 133 beach frontage 3,800 SF total under air 1,800 SF perimeter verandah Golf course, marina & modern medical center nearby Main house built in 1996 Guest house built in 1964 For More Info Please Contact: Diana M. Peterson President, AuctionWorks 33 Ocean Blvd, Abaco, Bahamas is a classic 3 bedroom, two bath plantation style home on an estate size parcel located at 33 Ocean Boulevard on beautiful Treasure Cay Beach, one of the loveliest beaches in the world. This spectacular home boasts breath-taking beach and sea views from virtually every room, plus a large 2 bedroom, 2 bath guest house with double garage, all situated on 1.37 beautifully landscaped acres and featuring 133 of sandy beach frontage. Being sold in cooperation with Abaco Estate Services Office: Mobile: diana.peterson@svn.com City of Chicago Limited Business License # Illinois R.E. Brokerage Firm # Diana M. Peterson Illinois R.E. Broker #

2 3 Bedrooms, 2 Baths Great Room: The expansive Great Room (21 9 x 24 2 ) features an attractive tongue and groove finished cathedral ceiling and 8 high Plaza patio doors extending 20 along the beachside wall, offering magnificent beach and sea views and exiting onto the covered verandah that surrounds the entire perimeter of the residence. White bamboo Roman shades from ceiling to floor adorn the patio door expanse. This architectural design creates an idyllic entertainment ambience. The comfortable open living area is tastefully furnished and includes a built-in entertainment cabinet equipped with a Sony Wega 32 flat screen T.V., a DVD player, a custom sound system, CD changer and cassette player/recorder. Great Room

3 3 Bedrooms, 2 Baths Breakfast Bar / Kitchen: A breakfast bar with seating for three separates the Great Room from the modern, fully equipped kitchen (15 7 x 8 6 ). Stunning sea views are enjoyed from the breakfast bar and kitchen area. The custom maple Crystal cabinetry is complemented with Corian countertops, including a double bowl molded sink. Built-in major appliances feature a Frigidaire 4 burner smooth top electric range/oven, G.E. hood exhaust fan, a G.E. Profile 22.5 cubic foot side-by-side refrigerator/freezer and a Maytag Quiet Series dishwasher. Additional enhancements include a sink disposal, ceramic tiled backsplash, under cabinet lighting, ceiling fan, an array of smaller appliances, plus a full selection of dinnerware, pots and pans, cutlery and glassware. Breakfast Bar Kitchen Formal Dining Alcove: A formal dining alcove (10 2 x 13 7 ) is also adjacent to the Great Room, in close proximity to the kitchen. It is furnished with a glass top dining table with seating for eight. A sliding patio door with plantation shutters opens onto the covered verandah. The tongue and groove finished tray style ceiling features recessed perimeter lighting. Wall treatments include an island tapestry and wall sconce lighting. The dining area also provides excellent sea views. Formal Dining Alcove

4 (Continued) Master Suite: The spacious master suite ( 16 6 x 14 2 ) is located at the opposite end of the residence from the guest rooms and offers exceptional beach and sea views through the 10 wide Plaza patio doors opening onto the covered verandah. The tray style ceiling incorporates recessed perimeter lighting. Stylish furnishings include a King poster bed, antique chests, arm chair with side table and an antique entertainment armoire with a 32 flat screen TV. Additional features include a walk-in closet with dresser, a linen closet, window plantation shutters and white bamboo patio door Roman shades. The master en-suite bath offers a Jacuzzi soaking tub, a fully tiled double shower enclosure with bench, a double bowl vanity with Corian counter-tops, a private toilet room, an auxiliary heater and a private exterior entrance to the covered verandah with direct access to the beach and outside private shower enclosure. Master Suite Guest Bedroom: One of the guest bedrooms (14 6 x 12 7 ) is currently being utilized as a private study/office, but may be readily re-converted to a bedroom, as it features a large closet and direct hallway access to a shared bath. This room features 10 wide sliding Plaza patio doors exiting onto the covered verandah and boasts fantastic sea views. Additional furnishings include a built-in bookcase, antique table/desk and an antique credenza. Double pocket doors connect this room directly to the Great Room. Guest Bedroom / Study Guest Bedroom 2: The second guest bedroom (12 2 x 12 ) offers a 6 wide patio door exiting directly to the covered verandah. Comfortable furnishings and features include a Queen bed with wicker accented headboard, two matching night tables, a 4 drawer dresser and wall mirror, a large closet and berber carpeting. The shared guest bath features a Corian top single basin vanity, a full tub with shower, auxiliary heater, a linen closet and a private toilet room with an exterior entrance to the covered verandah and direct beach access. Guest Bedroom 2

5 (Continued) Laundry Room: The laundry room is well equipped with a Frigidaire full size front loading stacked washer and dryer, spacious Corian counter top cabinets and closets and a sliding patio door with Plantation shutters accessing the covered verandah. Laundry Room Verandah: The welcoming Plantation style covered perimeter verandah, with its pleasing column architecture and tiled floor is amply furnished with a wide selection of patio furniture, built-in perimeter benches throughout and a propane barbeque grill. A broad expanse of steps and walkway connects the verandah to the 650 square foot beachside open patio and the wide expanse of powdery white sands of Treasure Cay Beach just beyond. There is no doubt a major portion of one s enjoyable living and entertaining experiences will occur in this delightful environment. Verandah

6 (Continued) Additional Amenities & Enhancements Include: Diagonally set 18 Italian porcelain floor tile Electric roll-up and accordion style storm shutters throughout Solar panel and electrically powered 50 gallon water heater Recently installed standing seam metal roof Cathedral style & 10 V joint ceilings throughout 8 doors throughout Custom crown moldings Custom sounds system throughout DirecTV satellite dish Additional Photos: 15 KVA Honda diesel standby generator Private exterior shower enclosure Exterior grounds lighting Motion detector security lighting All house security monitoring system Telephone jacks in access available in all rooms Smoke detectors Plantation shutters and Roman bamboo window and door treatments throughout Water softener system 2 Independent lawn sprinkler systems serviced by 5 inter-connected wells

7 Guest House 2 Bedrooms, 2 Baths Guest House Summertime s Plantation style guest house is a large, attractively furnished, 1,600 square foot, 2 bedroom, 2 bath home with a two vehicle garage and laundry situated approximately 150 from the main house. The bedroom wings are separated by a boomerang shaped living/dining area, a fully equipped kitchen and front foyer. This area features six Plaza sliding glass patio doors with white bamboo Roman shades opening onto three separate private patios totaling approximately 1,500 square feet in size. This concrete block guest house and garage was totally renovated in Open Living / Dining Area: The open living/dining areas feature a vaulted ceiling and a V shaped native stone wall with shelving containing a 25 RCA TV. Aesthetically pleasing furnishings include a sofa and love seat, a comfortable wood rocker, an antique sea chest coffee table and complementing items. The open style dining area offers seating for six. Kitchen: The fully equipped kitchen features custom cabinetry, a pantry closet, a double bowl stainless steel sink and recently replaced major appliances, including a G.E. smooth top 4 burner electric range/oven, a built-in Roper microwave oven with exhaust fan, Whirlpool dishwasher and refrigerator/freezer, plus several smaller appliances. Included is a full selection of dinnerware, cutlery, glassware and pots and pans. Open Living / Dining Area Master Bedroom: The master bedroom features Jack & Jill closets, a wicker accented King bed, matching combination night tables/dressers, a chair and side table. An 8 wide Plaza patio door with woven wood Roman shades exits to an open patio area, complete with patio furnishings. The en suite master bath offers a full tub with shower, a pedestal basin and a make-up vanity. Kitchen Guest Bedroom: The guest bedroom is furnished with two twin beds, wicker night table, dresser and wall mirror, plus Jack and Jill closets. A Plaza patio door access an open patio area. The guest bath has a fully tiled shower enclosure, a pedestal basin and a vanity. Both bathrooms have been fully renovated recently. Master Bedroom Guest Bedroom

8 Guest House (Continued) Additional Guest House Amenities & Enhancements Include: Diagonally set 18 porcelain floor tile DirecTV satellite dish Heavy duty standing seam metal roof (recently installed on house & garage) Ceiling fans throughout Custom crown molding throughout V joint ceilings Wainscoting in both bedrooms and baths Accordion storm shutters Plantation shutter window treatments 40 gallon electric water heater Lawn mowers and garden equipment, patio furniture Wireless internet access available in every room Additional Guest House Photos:

9 Bahamas Beachfront Home & Guest House on Treasure Cay Beach Details: Type : House Bedrooms : 5 Bathrooms : 4 Construction: Poured Concrete, CBS Block & Metal Roof Square Feet: 10,328 s/f Under Roof (3,800 s/f Under Air)(4,100 s/f Open & Covered Patios) Lot Size: 1.37 Acres Age of Home: Main House Built in 1996, Guest House Built in 1964 Near Golf Course: Yes Ocean View : Yes Gated Community : Yes Ocean Waterfront : Yes Beachfront : Yes Near Beach : Yes Dock Facilities : Yes Transportation: For your transportation and recreational needs, included in the offering is a 2000 Hyundai Elantra, a 2000 Yamaha gasoline golf cart, a 2005 utility trailer, 4 bicycles and a 2 man kayak. Additional Info: Summertime s tropically landscaped and well maintained grounds feature towering palm trees and a selection of fauna and foliage. A 4.5 high concrete privacy wall with a gated driveway entrance extends along the street frontage and a portion of the eastern boundary. A reinforced seawall runs along the complete beach frontage, plus 110' along the eastern boundary and 60' along the western boundary. represents an elegant and meticulously maintained beachfront estate property, comprising a tastefully decorated and furnished main beachfront residence and independent guest house located sufficiently distant apart to ensure privacy of each. Both are completely turn-key homes and are certain to meet the expectations of anyone seeking the carefree and relaxed lifestyle of tropical beachfront living. The separate guest house offers a comfortable, private environment for visiting friends and relatives or provides the option of a vacation rental income earner. The prestigious residential and resort community of Treasure Cay, Bahamas is located less than 1 hour from South Florida on any one of the many daily commercial and charter flights arriving at Treasure Cay International Airport. Treasure Cay offers 3-1/2 miles of soft powder white sandy beaches, an 18 hole championship golf course, a 150 slip, full service marina rated one of the finest marinas in the Bahamas, dutyfree shopping, gourmet and island cuisine restaurants, banking facilities, car, boat and golf cart rentals and a modern medical clinic.

10 Bahamas Beachfront Home & Guest House on Treasure Cay Beach Survey:

11 Bahamas Beachfront Home & Guest House on Treasure Cay Beach AUCTION DETAILS Online Auction: Online bidding will begin at 11:00 a.m. CST on April 5, 2014 and end at 11:00 a.m. CST on April 7, Visit to register in advance and to place your bid online. Pre-Auction Bids Encouraged: Many of our properties sell pre-auction and are no longer available on auction day. If you are interested in this property, please contact us today via phone ( ) or to discuss placing a pre-auction bid. Reserve Auction: This is a reserve auction, subject to seller confirmation. Buyer s Premium: A Buyer s Premium equal to six percent (6%) of the High Bid will be added to the High Bid. The High Bid plus the Buyer s Premium will equal the Total Purchase Price. Stamp Tax: The winning bidder and seller will be obligated to pay at closing a combined ten percent (10%) stamp tax assessed by the Bahamian government; the amount of the stamp tax to be paid by the winning bidder will be equal to five percent (5%) of the Total Purchase Price. Attorneys Fees: The winning bidder will be obligated to pay attorneys fees incurred for conducting the closing (approx. 2% of the sale price). Closing Costs: The winning bidder will be obligated to pay closing costs, including but not limited to: recording fees (approx.$45.00); IB permit fees (approx. $500.00) or IB certificate of registration (approx.$250.00); cost of title report (approx. $300.00); and miscellaneous expenses (approx. $250.00). 2% Cooperating Broker s Commission: If the winning bidder is represented by a validly licensed real estate broker who has duly registered with the auctioneer in advance of any bid being placed by the winning bidder, auctioneer shall pay the winning bidder s broker a commission equal to two percent (2%) of the High Bid at closing. As Is, Where Is Sale: This property is being sold in as is, where is and with all faults and limitations condition and without warranties as to the fitness of the property for a particular use. Auction Terms and Conditions: Refer to the Auction Terms and Conditions for further details.